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| SBA | RIN: 3245-AG14 | Publication ID: Fall 2010 |
| Title: ●Surety Bond Guarantee Program: Timber Sales | |
| Abstract: The Forest Service of the U.S. Department of Agriculture manages the National Forest System, and may permit the harvesting of timber on National Forest System lands in exchange for the payment of an agreed upon sum of money. Under regulations issued by the Forest Service, these timber sales contracts may require the purchaser to furnish a performance bond for satisfactory compliance with its terms. The Small Business Administration (SBA) proposes to amend its Surety Bond Guarantee Program rules to guarantee performance bonds for timber sales contracts awarded by the Federal Government, individual Sates or local government, or other public or commercial entities. | |
| Agency: Small Business Administration(SBA) | Priority: Other Significant |
| RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 13 CFR 115 and 121 | |
| Legal Authority: 15 USC 687(b) 687(c) 694b 694b note | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: Businesses | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Barbara J. Brannan Management Analyst, Office of Surety Guarantees Small Business Administration Washington , DC 20416 Phone:202 205-6545 Email: barbara.brannan@sba.gov |
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